Courting Tesla Investment in Indonesia

Heads of state are vying to get Elon Musk to build a Tesla factory. The investment plan in Indonesia is hampered by the current economic situation.

Retno Sulistyowati

September 25, 2023

TESLA Inc’s stock price is on a downward slope. At the close of trading on the Nasdaq exchange, the United States, Friday, September 22, the electric vehicle manufacturer’s stock price fell 4.23 percent to US$244.88. A number of other stocks suffered the same fate after the US Central Bank, the Federal Reserve, maintained its benchmark interest rate at 5.25 to 5.5 percent.

Investors are worried that the Fed will issue tighter monetar

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